Road Tax Prices 2017

 

The way that road tax is calculated is changing.

 

From April 1st 2017, all new cars registered from that date will fall into a new scheme of Vehicle Excise Duty (VED) pricing whereby a 'first year rate' based on the car's emissions will determine the cost for the first 12 months of ownership.

 

After the first year, a standard rate of £140 per year applies to all cars except those that are 100% electric and therefore have zero emissions. The only other exception is those cars worth over £40k which also attract a £310 supplement for 5 years on top of the standard rate.

 

The first year rates by emission band are detailed below:

 

 

       
Emissions:   First Year VED Standard VED*
0 CO2 g/km Annual £0.00 £0.00
6 Months n/a n/a
1-50 CO2 g/km Annual £10.00 £140.00
6 Months n/a £77.00
51-75 CO2 g/km Annual £25.00 £140.00
6 Months n/a £77.00
76-90 CO2 g/km Annual £100.00 £140.00
6 Months n/a £77.00
91-100 CO2 g/km Annual £120.00 £140.00
6 Months n/a £77.00
101-110 CO2 g/km Annual £140.00 £140.00
6 Months n/a £77.00
111-130 CO2 g/km Annual £160.00 £140.00
6 Months n/a £77.00
131-150 CO2 g/km Annual £200.00 £140.00
6 Months n/a £77.00
151-170 CO2 g/km Annual £500.00 £140.00
6 Months n/a £77.00
171-190 CO2 g/km Annual £800.00 £140.00
6 Months n/a £77.00
191-225 CO2 g/km Annual £1,200.00 £140.00
6 Months n/a £77.00
226-255 CO2 g/km Annual £1,700.00 £140.00
6 Months n/a £77.00
256+ CO2 g/km Annual £2,000.00 £140.00
6 Months n/a £77.00
* Cars over £40,000 par £310 supplement for 5 years  
       

 

Cars registered before the April 1st 2017 will continue to fall into the previous banded system based on emissions which was implemented in 2009.

 

To find out co2 emission data and road tax band information for cars registered before April 1st 2017, use the DVLA's Vehicle Information Website.

 

In short, the benefit of opting for a new, lower emission car will only apply for the first year of ownership from April 1st. The savings can still be significant, however the ongoing lower levels of VED won't apply following this change.

 

The one exception of course is if you opt for an electric-powered vehicle that attracts zero emissions. Expect car manufacturers to focus massively on increasing their range of electric cars over the next few years as car buyers look to reduce their running costs.

 

 

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